A place to discuss issues surrounding the sale/purchase of a business.
Welcome to "Sell Your Own Business"! If you have stories about buying/selling a business or want to buy/sell a business - share it here!
Make the Leap!
"When you've done what you can do you do what you dare?" ~ Reba McEntire
Have a business for sale?
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What is an Entrepreneur?
We're thinking about doing a radio show on BlogTalkRadio that features a business that's for sale with the owner willing to answer questions from callers. It will be called the SellYourOwnBusinessShow and will be tied to this website. Sellers will be expected to give a general overview about their business, the approximate gross sales/profit ranges and an asking price. They will also be expected to answer questions from callers who will be expected to identify themselves. The show will be scheduled for 1/2 hour and will initially air once a month. Interested? Send an email to maureen at techtrak.com to have your business featured.
Blog Posts
Is cash flow the best way to value a business?
Posted by Maureen Sharib on November 8, 2009 at 6:09am
The Top Ten Lies of Startups
“Our product is truly disruptive technology.”
“Gartner says our market will be $50 billion in 2010.”
“All we have to do is get 1% of the market.”
“We don’t believe there are any competitors.”
“Microsoft is too big/slow to be a threat.”
“We have the first-mover advantage.”
“Our projections are conservative.”
“We have a proven management team.”
“A world-cl… Continue
Posted by Maureen Sharib on October 24, 2009 at 8:00am
Learn how to buy businesses
Learn how to grow big and fast through acquisitions.
Posted by Maureen Sharib on October 15, 2009 at 2:42pm
Take a Desire to Sell Poll
Here is the link:
Posted by Maureen Sharib on October 15, 2009 at 2:30pm
Entrepreneurs, know when to bend your rules
First, they obviously were not empowered enough to be able to bend the rules, even slightly, and even when it would have meant keeping a customer. So in one sense, the problem is not theirs, it is that of the owner and their managers. Clearly they worked in environments that did not allow them to make smart, independent decisions.
Does your business empow… Continue
Posted by Maureen Sharib on October 12, 2009 at 10:00am
Some small businesses still struggle to get financing
The big squeeze on small-business financing continues, despite the overall loosening of U.S. Small Business Administration-backed loans in recent months, two new studies show.
Nearly four in 10 small-business owners polled in the past few weeks said they are not able to get the finan… Continue
Posted by Maureen Sharib on July 22, 2009 at 6:30am
Facebook, Twitter and peers for sale - privately
SharesPost is one of a few private stock exchanges that are emerging to fight what venture capitalists call a liquidity crisis. These exchanges give stakeholders an alternative way to trade their shares in hot startups like Facebook for cold, hard cash - without having to wait years for an… Continue
Posted by Maureen Sharib on June 29, 2009 at 7:00am
Would you start your own business now?
Ruslan Papou, Director, Altabel Group, software development services asks, over on LinkedIn, this good question:
Would you start your own business now?
See the fast-arriving answers… Continue
Posted by Maureen Sharib on June 15, 2009 at 8:34am
Ever wanted to start a business but your spouse/significant other wasn't sold on the idea?
Brad Werner, Operations professional with experience in risk assessment, project and time management, and product development, asks, over on LinkedIn:
Ever wanted to start a business but your spouse/significant other wasn't sold on the idea?
Say you did your research, have your business p… Continue
Posted by Maureen Sharib on June 15, 2009 at 8:00am
How Small Companies Hiring Plans Have Changed
"This economy has created a window of opportunity for small businesses,” says Peter Weddle, a human-resources consultant in Stamford, Conn. "These tools offer “a way to manage the tidal wave,” he says. More… Continue
Posted by Maureen Sharib on May 14, 2009 at 5:13am
The Best Free E-Mail Accounts for Your Small Business
Most small businesses have limited budgets and a small or non-existent IT team, so finding the best free e-mail accounts is a big priority. How can you get free e-mail management and still look professional to your customers? It's all about appearances.
Why Is E-mail Important?
Fir… Continue
Posted by Maureen Sharib on April 18, 2009 at 1:00pm
85 Percent of Small Business Owners See Retirement Plans as One of the Most Important Benefits They Can Offer
Amid the growing concerns about the current economy, small business owners continue to recognize having a solid retirement plan as an important issue both personally and to their employees. This is according to survey results released today by SunTrust Banks, Inc. (NYSE: STI). Yet, despit… Continue
Posted by Maureen Sharib on April 17, 2009 at 10:12am
10 steps to catch Venture Capital cash
Looking for funding for your big idea? Follow our 10-point guide to landing the right investors.
"The entrepreneur is the Pied Piper of a company," says Chip Hazard, general partner at Boston-based Flybridge Capital Partners. "We want an articulate, passionate CEO who can excite others - em… Continue
Posted by Maureen Sharib on April 17, 2009 at 10:00am
New Internet Start-Up Boom: Get Rich Slow
It's time to stop whining. The economy might be melting down like a pat of butter on a hot Hummer roof, but for some people — you, maybe? — this could be a very good thing.
Here's why. At no other time in recent history has it been easier or cheaper to start a new kind of company. Pos… Continue
Posted by Maureen Sharib on April 14, 2009 at 7:30am
Microlenders Widen Their Client Base
Amid Tight Credit Market, More Firms Look Beyond Banks for Financing
No loan is too small for small businesses these days.
With many banks continuing to put a hold on lending, more small-business owners and would-be entrepreneurs are turning to microlenders, organizations… Continue
Posted by Maureen Sharib on April 9, 2009 at 9:30am
Best Small Businesses
Posted by Maureen Sharib on March 30, 2009 at 1:14pm
No job? Create your own!
No bank would lend to her; she was a 20-something woman in the early 1900s, a poor risk. So she scraped together what she could and just started. Eventually, she found someone who was willing to loan her $1,600, which she paid back in half the time she was allotted.
Interesting sto… Continue
Posted by Maureen Sharib on March 26, 2009 at 10:00am
Laid off? Become an entrepreneur!
Posted by Maureen Sharib on March 21, 2009 at 12:00pm
Start spring with small-business savings
Ronda Abrams advises: In this economy, you need to shave every dollar you can from your "nut" —your monthly overhead. Moreover, the companies you do business with are fighting to keep every customer. That puts you in a good bargaining position.
Each of us who runs a business has fixed e… Continue
Posted by Maureen Sharib on March 20, 2009 at 6:25am
Despite economy, new startups retain optimism
MOUNTAIN VIEW, Calif. (AP) - With many established businesses just trying to survive, you might not think it's a good time to start a company, let alone ask anyone for money to help get it rolling. But if a series of presentations from fledgling Silicon Valley startups is any indicat… Continue
Posted by Maureen Sharib on March 19, 2009 at 2:10pm
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